Total cost management, the Glossary
Total cost management (TCM) is the name given by AACE International to a process for applying the skills and knowledge of cost engineering.[1]
Table of Contents
4 relations: AACE International, Cost engineering, Project management, Project Management Body of Knowledge.
- Cost engineering
- Management frameworks
AACE International
AACE International (Association for the Advancement of Cost Engineering) was founded in 1956 by 59 cost estimators and cost engineers during the organizational meeting of the American Association of Cost Engineering at the University of New Hampshire in Durham, New Hampshire. Total cost management and AACE International are cost engineering.
See Total cost management and AACE International
Cost engineering
Cost engineering is "the engineering practice devoted to the management of project cost, involving such activities as estimating, cost control, cost forecasting, investment appraisal and risk analysis".
See Total cost management and Cost engineering
Project management
Project management is the process of supervising the work of a team to achieve all project goals within the given constraints.
See Total cost management and Project management
Project Management Body of Knowledge
The Project Management Body of Knowledge (PMBOK) is a set of standard terminology and guidelines (a body of knowledge) for project management.
See Total cost management and Project Management Body of Knowledge
See also
Cost engineering
- AACE International
- American Society of Professional Estimators
- Budgeted cost of work performed
- Construction estimating software
- Cost contingency
- Cost database
- Cost engineering
- Cost escalation
- Cost estimate
- Design-to-cost
- Drag cost
- Elemental cost planning
- Engineering economics
- Engineering economics (civil engineering)
- Front-end engineering
- Glossary of construction cost estimating
- International Cost Engineering Council
- Life-cycle cost analysis
- Project cost management
- Quality, cost, delivery
- Relevant cost
- Soft costs
- Sunk cost
- Total cost management
- Value engineering
Management frameworks
- ADRI
- Adaptive management
- Application Lifecycle Framework
- BSC SWOT
- Business Model Canvas
- Customer relationship management
- Ecosystem-based management
- Enterprise Architecture Assessment Framework
- Environmental management system
- Hierarchical storage management
- Integrated Management Concept
- Lean project management
- Manufacturing bill of materials
- McKinsey 7S Framework
- Media engagement framework
- NATO Architecture Framework
- OGSM
- Object Oriented Management
- Objectives and key results
- Organization and Methods (management)
- Patent map
- Product lifecycle management
- Qualifications framework
- Results-based management
- Scaled agile framework
- Simple Network Management Protocol
- Team service management
- Technology–organization–environment framework
- Total cost management
- Treasury Enterprise Architecture Framework
- Zachman Framework